Clive Maund is a specialist of technical analysis. His website, www.CliveMaund.com, is dedicated to serious investors and traders in the precious metals and energy sectors. It offers no nonsense, premium analysis to subscribers. It is 100% subscriber ...
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Clive Maund is a specialist of technical analysis. His website, www.CliveMaund.com, is dedicated to serious investors and traders in the precious metals and energy sectors. It offers no nonsense, premium analysis to subscribers. It is 100% subscriber supported, and takes no advertising or incentives from the companies it covers. No responsibility can be accepted for losses that may result as a consequence of trading on the basis of this analysis. Happy trading.

The Precious Metals sector continues to be viewed with disdain and skepticism by the vast majority of investors, which is exactly what you want and expect to see at the earliest stages of a major bull market.

Silver's charts look more frail and negative than gold's at this time, which is normal at this stage in the cycle, because silver tends to underperform gold in the late stages of sector bear markets and the early stages of bull markets.